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Re: NioStar post# 51599

Sunday, 10/01/2017 10:29:04 PM

Sunday, October 01, 2017 10:29:04 PM

Post# of 64600
LOL chill out.

You haven't stopped ranting and raving about a break even point or some other BS metric that has no application in this type of company.

Also, a 12 Billion Authorized Share count is a lot... but remember that there are wayyyy less Outstanding. If they do it right, they will have unlimited financing moving forward as long as they start moving the share price up. IE... they will have to introduce shares into the market at a rate that makes dilution SLOWER than actual value added (proxy for PPS).

Why in the hell would they do a reverse split? That went POORLY last time. There isn't any advantage to pulling the trigger on something like that. Also, I'm pretty sure they would have had to mention that in the 14-c filing. So where did they mention it? The only real reason to do something like that would be to upgrade their listing to get cheaper capital. Even you wouldn't complain about an R/S if it brought CannaSys into a better market. (unless you shorted shares... :p)

The first step is revenue. Burke outlined that in the White paper. That's the focus and will validate the business model and allow it to expand.

The nice part about these types of things is that they are slow moving until they hit a tipping point, then explode out. Patience is rewarded and impatience gets punished.

That or the whole thing explodes in a fiery ball of pissed off investors. I'm hoping for the latter, obviously. It seems that they are focused on the right goals and constantly taking steps to get closer to achieving them.



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